PFIL suffers losses in 2021

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Business Desk :
Phoenix Finance & Investments Limited (PFIL) incurred losses in the year that ended on December 31, 2021.
The non-bank financial institution reported a negative earnings per share of Tk 2.11 for the year. It was Tk 1.21 in the previous year.
The net asset value per share stood at Tk 17.54 and the net operating cash flow per share was a negative of Tk 8.26, against Tk 19.65 and Tk 4.69, respectively, in the previous year.
The board of directors recommended no dividend for 2021, said the company in a post on the Dhaka Stock Exchange on Tuesday.
Phoenix Finance also posted a negative EPS of Tk 0.07 for the April-June quarter of 2022 and a positive EPS of Tk 0.08 in the first quarter, showed its unaudited financial statements.

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